COPT Defense Properties Income Statement
CDP / Real Estate|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
COPT Defense Properties reported $764M in revenue and $160M in net income for FY2025. Revenue has grown at a 3.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 20.9%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $763.9M | $753.3M | $664.4M | $582.4M | $664.4M | $582.4M | $611.8M | $574.3M | $612.8M | $574.3M | $523.4M | $586.5M | $493.0M | $492.2M | $493.0M |
| Cost of Revenue | - | - | - | - | $104.1M | $67.6M | $110.0M | $45.5M | $99.6M | $45.5M | - | - | - | - | - |
| SG&A Expense | $47.8M | $47.0M | $40.8M | $33.0M | $40.8M | $33.0M | $35.4M | $36.6M | $30.8M | $36.6M | $30.9M | $31.8M | $30.3M | $28.5M | $30.3M |
| Operating Income | - | - | - | - | - | - | - | - | $35.4M | $52.4M | $141.9M | $131.6M | $30.3M | $110.5M | $30.3M |
| Interest Expense | - | - | $65.4M | $67.9M | $65.4M | $67.9M | $71.1M | - | - | - | - | - | - | - | - |
| Income Tax | $947.0K | $288.0K | $145.0K | $353.0K | $145.0K | $353.0K | -$217.0K | $244.0K | $1.1M | $244.0K | $2.0M | $310.0K | -$6.7M | $108.0K | -$6.7M |
| Net Income | $159.5M | $143.9M | $81.6M | $102.9M | $81.6M | $97.4M | $191.7M | $28.9M | $68.7M | $28.9M | $93.7M | $40.3M | -$119.4M | $42.8M | -$119.4M |
| EPS (Basic) | $1.35 | $1.54 | $0.68 | $0.87 | $1.72 | $0.69 | $0.56 | $0.15 | $1.74 | $0.25 | $0.83 | -$0.03 | -$1.97 | $0.43 | $0.70 |
| EPS (Diluted) | $1.34 | $1.53 | $0.68 | $0.87 | $1.71 | $0.69 | $0.56 | $0.15 | $1.74 | $0.25 | $0.83 | -$0.03 | -$1.97 | $0.43 | $0.70 |
| Shares Outstanding | 113.2M | 112.3M | 112.2M | 112.1M | 110.2M | 101.3M | 98.5M | 94.5M | 93.3M | 87.4M | 81.0M | 72.0M | 66.9M | 58.3M | 51.8M |
| Operating Margin | - | - | - | - | - | - | - | - | 5.8% | 9.1% | 27.1% | 22.4% | 6.2% | 22.4% | 6.2% |
| Profit Margin | 20.9% | 19.1% | 12.3% | 17.7% | 12.3% | 16.7% | 31.3% | 5.0% | 11.2% | 5.0% | 17.9% | 6.9% | -24.2% | 8.7% | -24.2% |